Compare IWDA vs. HMWO ETF performance
Comparing 2 ETFs | Performance (December 11, 2025 - March 11, 2026) |
IWDA HMWO |
Comparison analysis The ETFs iShares Core MSCI World UCITS ETF (IWDA) and HSBC MSCI World UCITS ETF (HMWO) are passive ETFs that track the performance of the MSCI World Daily Total Return Net Index - USD. As a result, they allow investors to get exposure to Developed Market Blended Cap. iShares Core MSCI World UCITS ETF (IWDA) has a lower tracking difference (+7.46bps) than HSBC MSCI World UCITS ETF (HMWO) (+7.96bps), and a lower tracking error (+2.87bps vs. +16.65bps). Both funds use a Direct (Physical) replication method to follow their index and a replication model of Optimized sampling. Both funds invest in the same top 3 sectors: Information Technology, Financials and Industrials. IWDA’s top underlying securities are NVIDIA (5.47%), APPLE (4.48%) and MICROSOFT-T (3.58%). HMWO’s top underlying securities are NVIDIA (5.50%), APPLE (4.56%) and MICROSOFT-T (3.59%). With a Total Expense Ratio (TER) of 0.2%, IWDA is more expensive than HMWO, with 0.15%. IWDA has a 3M average daily volume (ADV) of +$160M vs. +$11M for HMWO. The recorded 1Y bid-ask spread is +3.77bps (IWDA) and +6.27bps (HMWO). The table below shows the full side-by-side ETF comparison of IWDA and HMWO, with detailed data on performance, flows, liquidity, exposure to individual stocks, segments, sectors, and geographies, helping you select the best ETFs. |
IWDA iShares Core MSCI World UCITS ETF - USDThis ETF provides exposure to Large and Mid-Cap Developed markets Equities Share class Acc USD ISIN IE00B4L5Y983 | HMWO HSBC MSCI World UCITS ETF - USDThis ETF provides exposure to Large and Mid-Cap Developed markets Equities Share class Dist USD ISIN IE00B4X9L533 |
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Product Type | Passive ETF | Passive ETF | ||
Strategy | Long only | Long only | ||
NAV | $130.50 | $44.41 | ||
AuM | - | - | ||
Total AuM of fund | €114.13B | €14.63B | ||
Base currency | USD | USD | ||
E/R | 0.2% | 0.15% | ||
Rating | ||||
Provider | ||||
Investment strategy | The Fund seeks to track the performance of an index composed of companies from developed countries. | The investment objective of the Fund is to replicate the performance of the MSCI World Index (the "Index"), while minimising as far as possible the tracking error between the Fund's performance and that of the Index. The Index is a market-capitalisation weighted index designed to measure the performance of the largest companies of the world's developed equity markets, including Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Israel, The Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, Hong Kong, Japan, Singapore, Australia, New Zealand, Canada and USA, as defined by the Index Provider. | ||
Dividend policy | Capitalization | Distribution | ||
Tax optimisation | ||||
PEA | ||||
UK Reporting | ||||
Performance and flows | Perf. Flows | Perf. Flows | ||
1 month | -3.01% To view, create a free account | -3.00% To view, create a free account | ||
3 months | -0.19% | -0.21% | ||
1 year | +23.84% | +23.87% | ||
3 years | +75.02% | +75.31% | ||
5 years | +70.31% | +70.93% | ||
Month to date | -2.81% | -2.81% | ||
Quarter to date | +0.09% | +0.05% | ||
Year to date | +0.09% | +0.05% | ||
Volatility and risk | 1 year 3 years 5 years | 1 year 3 years 5 years | ||
Volatility | To view, create a free account | To view, create a free account | ||
Perf./Volatility | ||||
Max drawdown | ||||
Create a free Trackinsight Essentials account to unlock insights Access exclusive metrics and features to support your investment decisions. | ||||
Exposure | ||||
Countries | ||||
Sectors or issuer types | ||||
Number of holdings | 1317 | 1283 | ||
Weight of top 15 holdings | ||||
Top 15 holdings | NVIDIA APPLE MICROSOFT-T AMAZON.COM INC ALPHABET INC-CL ALPHABET INC-CL META PLATFORMS BROADCOM LIMITED TESLA JPMORGAN CHASE LILLY BERKSHIRE HATHWAY EXXON VISA INCORPORATION ASML HOLDING To view, create a free account | NVIDIA APPLE MICROSOFT-T AMAZON.COM INC ALPHABET INC-CL ALPHABET INC-CL META PLATFORMS BROADCOM LIMITED TESLA JPMORGAN CHASE LILLY BERKSHIRE HATHWAY EXXON ASML HOLDING VISA INCORPORATION To view, create a free account | ||
Replication | ||||
Benchmark | ||||
Replication method | ||||
Replication model | ||||
Trackinsight replication rating | ||||
Tracking error (1Y) | ||||
Tracking difference (1Y) | ||||
Sustainability | ||||
ESG Consensus® |  | | ||
SDG |
Frequently asked questions about IWDA and HMWO
How did IWDA and HMWO perform in 2026?
As of yesterday, IWDA has delivered a year-to-date performance of 0.09%, while HMWO has returned 0.05%.
Which ETF is seeing higher flows: IWDA or HMWO?
As of yesterday, IWDA has recorded +€1.19B in net flows YTD, compared to -€276M for HMWO since the beginning of the year.
Which ETF shows higher volatility: IWDA or HMWO?
As of yesterday, IWDA reported a 1-year volatility of 14.62%, whereas HMWO registered volatility 14.39% over the same period.
How do IWDA and HMWO differ in sector exposure?
As of yesterday, IWDA is primarily exposed to sectors such as Information Technology, weight 27.25%, Financials, weight 14.51% and Industrials, weight 10.65%. The top sectors in HMWO feature Information Technology, weight 27.21%, Financials, weight 14.72% and Industrials, weight 10.68%.
How do IWDA and HMWO differ in geographic exposure?
As of yesterday, IWDA has its largest country exposures in USA, weight 68.79%, Japan, weight 5.62% and United Kingdom, weight 3.68%. The top countries in HMWO feature USA, weight 69.19%, Japan, weight 5.66% and United Kingdom, weight 3.74%.
How do IWDA and HMWO differ in terms of holdings?
As of yesterday, IWDA include NVIDIA, weight 5.47%, APPLE, weight 4.48% and MICROSOFT-T, weight 3.58%. The top positions in HMWO feature NVIDIA, weight 5.50%, APPLE, weight 4.56% and MICROSOFT-T, weight 3.59%.
Is IWDA or HMWO more diversified?
As of yesterday, IWDA holds 1317 securities, with 30.21% of its assets allocated to its top 15 positions. HMWO, by comparison, includes 1283 holdings and has 30.49% concentrated in its top 15.
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